I am here in southern California and homes are still selling in less than 2 weeks.The agents that price the homes correctly will get multiple offers and sell in less than 2 weeks.The agents that price the home extremely low for marketing purposes will get 20 offers on a home.I tend to price the home slightly higher than the market and see if any buyers will bite, if not we typically adjust the price down over a course of 30-60-90 days down to the price where we start to get showings and offers. 

In my area, buyers are looking for stone countertops and now the renters are starting to look for it as well.

I've been involved in the construction field for over 30 years and started my own construction company in 2008 when I also started flipping houses. 8 years ago I sold the construction company and began buying and holding long term rentals.

I have called a few places and the cost is about 8K from start to finish.

I am excited to keep learning and to start out in real estate investing.

Feel free to reach out if you have any other questions, want to discuss, or would like to get your financing started!

I am reposting something I sent to the general starting-out community because it is specifically about STR.

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

There's only one exception to that last point and that's CDMX, which has started implementing regulations because foreign investors renting short-term have pushed rents too high for the local population, which has turned against those investors.

Flipping homes is NOT something a person just starts at, that's insane.